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At 10:30 am, the Dow dropped 1.19 percent to 16,788.09, the broader Standard & Poor's 500 index moved down 1.22 percent to 2,010.91 and the NASDAQ composite index fell 1.49 percent to 4,805.07.
The industries that are still afloat in the market today are:
Diversified Computer Systems: This industry moved up 4.2 percent by 10:30 am. The top performer in this industry was
Hewlett-Packard CompanyHPQ, which gained 5 percent. Hewlett-Packard reported better-than-expected earnings for its fiscal third quarter, but the company's sales missed analysts' estimates. The company also issued a weak forecast for the fourth quarter.
Computer Based Systems: The industry gained 1.8 percent by 10:30 am. The top performer in this industry was
RadiSys Corporation RSYS, which gained 1.5 percent. RadiSys' PEG ratio is 1.80.
Telecom Services - Foreign: This industry rose 1.7 percent by 10:30 am ET. The top performer in this industry was
China Telecom Corporation Limited (ADR) Loading...
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, which gained 6.8 percent. China Telecom shares have dropped 1.00 percent over the past 52 weeks, while the S&P 500 index has gained 2.38 percent in the same period.
Long Distance Carriers: This industry jumped 1.6 percent by 10:30 am. The top performer in this industry was
HC2 Holdings Inc HCHC, which rose 4.3 percent.
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